Deel Bolsters Governance as It Fights Spying Claims

Global payroll startup Deel is bolstering its governance and ending some of its unusual practices as it fights accusations in a lawsuit that its CEO and board chair recruited and paid a corporate spy at its archrival, Rippling.

Deel is moving its official corporate headquarters from its current location: a two-bedroom apartment in a San Francisco luxury high-rise. The fintech startup, which was valued at $12.6 billion in its most recent fundraising, has a fully remote workforce and said in a court filing that the apartment was for “receiving mail only.”